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Insurance as a Tax Saving Investment

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February 17, 2017

Life insurance benefits you & your family in many ways. One of the major advantages is your family's protection & along with this protection there are other key factors that are crucial to plan your savings, one of them is tax planning. Life insurance plays a major role as a tax saving investment option by providing various plans like term plan, retirement, savings & investment plans which could be viable tax saving options.

Articles related to Tax Saving by Insurance

 

TAXATION IN INDIA

Service Tax: Definition and Meaning

HDFC Life explains definition and meaning for Service Tax which is a type of indirect tax collected by the Indian Government.

 

TAXATION IN INDIA

What is Value Added Tax (VAT)?

HDFC Life explains definition and meaning for Service Tax which is a type of indirect tax collected by the Indian Government.

 

 

TAXATION IN INDIA

Tax Structure in India

India offers a well-structured tax system for its population. Taxes are the largest source of income for the government. This money is deployed for various purposes and projects for the development of the nation.

 

 

TAXATION IN INDIA

Direct Tax

The Central Board of Direct Taxes (CBDT) is responsible for the administration of direct taxation in India. It is a statutory body formed under the Central Board of Revenue Act, 1924 and is a part of the Department of Revenue.

 

 

TAXATION IN INDIA

Indirect-tax

Indirect tax is not directly levied on the taxpayers. In other words, the burden of such tax is transferable to someone else.

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Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

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Here's all you should know about life insurance.

We help you to make informed insurance decisions for a lifetime.

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We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.

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